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Trading idea for The Charles Schwab Corporation (NYSE)


#SCHW

The general trend is upward. Downward wave structures are truncated. The Awesome Oscillator indicator has bullish divergence. The downward sloping channel of the truncated structure has been broken.
 
Trading idea:

Buy on a breakout of 63.93.

Stop-loss: 59.53.

Target levels: 71.32; 83.78.

EUR/ZAR currency pair analysis


The general trend is upward. The currency pair trades in the range of the lower border of the ascending price channel. The descending wave structure of the H2 level is truncated. The Awesome Oscillator indicator has a bullish divergence, and the Stochastic Oscillator is signaling oversold.

Trading idea:

Buy on …

European stock market rises ahead of U.S. policy decision


Commodities market

Oil prices were steady today as demand concerns offset data about a larger-than-expected drawdown in U.S. crude stockpiles. Brent crude futures were 0.1% up, and WTI crude futures were 0.5% up.

Key tickers:

Brent: 100.14 — buy.

WTI: 95.78 — neutral.

NG: 8.772 — neutral.

Foreign exchange market …

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